Reliance Global Group Inc (RELI)

[DreamyOcean80]

QaB2i, Your recent post mentioning Skullphuck caught my attention, and I'm hoping you can elaborate on a few points to enhance my understanding. Specifically, you referenced a series of financial maneuvers including writing an S3, subsequently canceling it, and then executing a complex series of steps involving a '30 hop skip and jump' on a 3 million issued, 'bed and breakfasting' the shares, and concluding with a reverse split.

Could you please clarify the following:

1. What was the strategic rationale behind writing an S3 only to cancel it the next day?
2. Could you explain the '30 hop skip and jump' strategy in the context of 3 million shares issued? How does this tactic function and what is its intended outcome?
3. What do you mean by 'bed and breakfasting' the shares in this scenario? How does this process work and what impact does it have on the overall strategy?
4. Finally, how does the reverse split fit into this strategy, and what do you believe the consequences or end results of these maneuvers are?

Additionally, your comment "Fatty- I don’t think it’s done yet" suggests ongoing developments. Could you expand on what you foresee happening next in this situation?

Your insights on these complex financial strategies would be greatly appreciated for a clearer understanding of the situation.